India in the active investment list of Intel

IRIS

‘India is at a strategic inflection point. It is a key player in the

technology industry and is capable of becoming a global IT leader. India

possesses the key advantages of high quality human resources, good GDP growth

and strong industry support. Intel is prepared to supply web services and

engineering resources to India,` said Michael Splinter, executive vice-president

(EVP), director, sales and marketing group while delivering a lecture on

`Winning in the Digital World` in Mumbai on Monday.

He added that India was specialized in software development contrary to

countries such as China and Taiwan which were involved more in IT hardware. He

said Intel would provide investment, products and solutions, which could help

Indian enterprises.

About opportunities in India, he said services, as a percentage of GDP, were

low and PC penetration & Internet users was also very low at three per

thousand persons.

Future Plans

Intel will concentrate on three products — database, networking and

services. Intel India plans to expand its network to 75 cities by 2002. Apart

from that, it will invest in education and community services. Intel India will

boost R&D expenditure. Its development center at Bangalore is the largest

non-manufacturing international center, which, at present, employs 800 plus

employees.

South Asia director, Avtar Saini said, ‘Widening distribution network in

India, creating relevance and excitement in Indian IT markets and moving from

features to profit are challenges before Intel India’. He added that low PC

penetration, a 40-50 per cent growth in SOHO market, growing Internet

subscribers and expanding telecom network were opportunities which Intel India

wanted to cash on.

Source: myiris.com